SGC Going Away?

[OhioLawyerF5]

What difference does it make if it's public or private? The same business principles apply. You don't kill a profitable business you own, private or public. Especially when that 2nd business is holding off the competition from gaining market traction.

[Lorewalker]

Originally Posted by OhioLawyerF5

What difference does it make if it's public or private? The same business principles apply. You don't kill a profitable business you own, private or public. Especially when that 2nd business is holding off the competition from gaining market traction.

My post was for accuracy since the statements made were not correct. Accuracy has always seemed to matter to you in all of the threads you have posted.

Anyway, how do we know that SGC is profitable for Collectors? I am not saying they are not but just not something that we are privy to. As long as competition cannot get SGC, absent Collectors selling it to them, it is Collectors brand to do with what they want. The net result is the same.

[Peter_Spaeth]

It isn't even a question of whether SGC is profitable. It's a question whether the overall enterprise would be more or less profitable with a single brand. And we have no idea without inside information about revenues, costs, projections, redundancies, etc. (which only Travis has LOL).

[OhioLawyerF5]

Originally Posted by Peter_Spaeth

It isn't even a question of whether SGC is profitable. It's a question whether the overall enterprise would be more or less profitable with a single brand. And we have no idea without inside information about revenues, costs, projections, redundancies, etc. (which only Travis has LOL).

We might not have the specific numbers, but we can get a pretty good idea based on business and market knowledge. There is very little chance that SGC is not profitable, and there is very little chance that PSA would be more profitable with SGC gone and other companies getting some portion of SGC's market share, versus PSA and SGC both operating in the space. Sure, we are all speculating on the actual numbers. But I find it hard to defend the suggestion that Collectors would benefit in any way from SGC being gone.

[Neal]

Originally Posted by OhioLawyerF5

We might not have the specific numbers, but we can get a pretty good idea based on business and market knowledge. There is very little chance that SGC is not profitable, and there is very little chance that PSA would be more profitable with SGC gone and other companies getting some portion of SGC's market share, versus PSA and SGC both operating in the space. Sure, we are all speculating on the actual numbers. But I find it hard to defend the suggestion that Collectors would benefit in any way from SGC being gone.

Agreed
Giving submitters a choice helps prevent other TPGs from gaining market share. Eliminating the choice would GUARANTEE that some percentage of collectors would look elsewhere or not at all.

I'm sure some culture moves may take place but I don't see the SGC slab becoming extinct.



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[Beercan collector]

Agree with the last few posts - Eliminating SCG would benefit CGC More than it would benefit PSA